Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. statistics
  3. given the data below, what is the estimated bias g

Given the data below, what is the estimated bias given a reference value of 24.521? Data 24.9872 24.2675 25.2027 24.6919 24.9361 25.5176 24.8503 24.1735 24.8481 24.898 24.8747 24.6096 24.6116 24.9186 25 24.519 25.7207 24.9817 25.2276 24.919

Free

50.1K

Verified Solution

Question

Statistics

Given the data below, what is the estimated bias given areference value of 24.521?

Data
24.9872
24.2675
25.2027
24.6919
24.9361
25.5176
24.8503
24.1735
24.8481
24.898
24.8747
24.6096
24.6116
24.9186
25
24.519
25.7207
24.9817
25.2276
24.919

Answer & Explanation Solved by verified expert
3.7 Ratings (567 Votes)

Data
24.9872
24.2675
25.2027
24.6919
24.9361
25.5176
24.8503
24.1735
24.8481
24.898
24.8747
24.6096
24.6116
24.9186
25
24.519
25.7207
24.9817
25.2276
24.919
Sum 497.7554
Average 24.88777
reference value 24.521 (given)
Estimated bias = Average - reference value
Estimated bias = 0.36677
RESULT:
Therefore the estimated bias given a reference value of 24.521 is 0.36677 for the given data.
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Find the indicated root.?169Select the correct choice below and, if necessary, fill in the answer...

Algebra
Q

Find the general solution y(t) to the following ODE using (a) Method of Undetermined Coefficients AND...

Basic Math
Q

(1) Research online an alternative form of measuring angles (for example: radian or turn) and compare...

Advance Math
Q

List 2 examples of the seven-step research process? Step 1- define the problem Step 2- Review the...

Psychology
Q

R A disc of radius R is cut off from a uniform thin sheet of...

Physics
Q

Find the mean, median, and mode of the set of numbers.96, 75, 98, 75, 54,...

Basic Math
Q

Solve the equation.r-14=23

Basic Math
Q

36 In calculating the net present value of an investment in equipment, the required investment...

Accounting
Q

paymertat theesd of cichys (0) (e) (d)

Accounting
Q

The following three accounts appear in the general ledger of Blossom Corp. during 2025. From...

Accounting
Q

Exercise 11-2 (Algo) Dropping or Retaining a Segment[LO11-2) The Regal Cycle Company manufactures three types...

Accounting
Q

Hello, I would please like help on what formulas I must enter. Thanks in advance!...

Finance